Page 3 of SpiceJet

In recent months, SpiceJet has been working to address various financial disputes with lessors and creditors.

Delhi Court orders SpiceJet to pay $2.67 million to aircraft lessor

The legal dispute stems from unpaid dues owed to Team France 01 SAS and Sunbird France 02 SAS, which initially…

January 17, 2025 07:42 IST

Kumbh Mela fuels 162% jump in Prayagraj flight bookings, ticket costs surge to Rs 26,000 on key routes

The demand for flights to Prayagraj has resulted in a sharp increase in airfares for the period surrounding the Maha…

January 15, 2025 20:22 IST

aviation, aircraft, airlines, SpiceJet, MAX fleet, Directorate General of Civil Aviation, DGCA,

SpiceJet to bring 10 planes back to service amid dip in operations

The low-cost carrier has recently signed an agreement with US-based engine MRO provider StandardAero, which will assist in the restoration…

January 11, 2025 01:00 IST

Year Ender| Aviation connectivity boom: Over 100 new domestic air routes launched to boost regional travel in 2024

The surge in regional connectivity offers airlines new opportunities for profitability and network diversification. Increased competition and demand for affordable,…

Updated: December 21, 2024 16:38 IST

SpiceJet, aviation, airlines, Genesis Aircraft Services, PF, GST, B737 MAX, Boeing 737 MAX aircraft

SpiceJet expects 3 grounded B737 MAX planes to return to service by April

On Thursday, SpiceJet settled a dispute of over $16 million with Dublin-headquartered commercial aircraft leasing company Genesis Aircraft Services.

December 21, 2024 01:15 IST

SpiceJet flights for Maha Kumbh Mela 2025

Maha Kumbh Mela 2025: SpiceJet introduces direct flights to Prayagraj from THESE cities

These flights, available from January 12 to February 28, 2025, will provide seamless connectivity for millions of pilgrims attending one…

Updated: December 20, 2024 16:01 IST

SpiceJet partners with StandardAero to restore Boeing 737 MAX fleet

The SpiceJet-StandardAero partnership paves the way for the un-grounding of three Boeing 737 MAX aircraft by April 2025. These aircraft,…

December 20, 2024 15:23 IST

SpiceJet converts liabilities into equity, resolves $16 million dispute with Genesis

The settlement underscores SpiceJet’s commitment to restoring financial health and achieving operational resilience. By settling this dispute, the airline is…

December 19, 2024 12:34 IST

Post-QIP success: SpiceJet clears Rs 160 crore employee PF dues and statutory liabilities

SpiceJet has enhanced its financial health and saved substantially on interest payments associated with overdue statutory dues.

December 13, 2024 17:00 IST

Indian airlines and fog: THIS is how IndiGo, Air India, SpiceJet are tackling operational challenges this winter

The winter months between December and February bring a surge in operational challenges for airlines. Low visibility due to fog,…

December 7, 2024 10:00 IST

SpiceJet, insolvency case, Aircastle, settlement, negotiation process, litigations, disputes

Aircastle withdraws insolvency case against SpiceJet following mutually agreed-upon settlement

Aircraft lessor Aircastle (Ireland) Designated Activity Company has withdrawn its insolvency case against SpiceJet before the National Company Law Tribunal…

November 28, 2024 10:29 IST

After $90 million deal, SpiceJet adds 13 Canadian planes to fleet – Here’s how it plans to use them

According to SpiceJet, the revitalised fleet will expand regional operations and enhance connectivity across key routes, including those under the…

Updated: November 15, 2024 14:14 IST

SpiceJet, EDC dispute, settlement, fiscal position, liability, UDAN scheme, operational capabilities, Q400 aircraft

SpiceJet settles a $90.8 million EDC dispute saving $68.3 million; gets ownership of 13 Q400 aircraft

Ajay Singh, Chairman and Managing Director, SpiceJet, said, “This resolution allows us to move forward with a strengthened balance sheet…

November 14, 2024 11:28 IST

SpiceJet to launch seaplane operations on 20 routes connecting Lakshadweep, Guwahati, Shillong & more by 2025

The airline plans to officially launch its new seaplane services in 2025.

November 9, 2024 15:10 IST

Engine Lease Finance Corporation, ELFC, Aviation, SpiceJet, Airlines, Airways

SpiceJet clears TDS dues till September

On October 9, the airline resolved a $131.85 million dispute with Horizon Aviation 1, Horizon II Aviation 3, and Horizon…

October 30, 2024 01:45 IST

SpiceJet expands reach, launches 32 new flights as part of winter schedule – Check routes here

The expansion of the airline fleet has been done to enhance connectivity and provide more options for the flyers.

October 28, 2024 15:58 IST

SpiceJet pays $2 million to settle dispute with Shannon Engine

As part of the settlement, all ongoing litigations and disputes between the parties will be withdrawn at the appropriate forums.

October 26, 2024 10:05 IST

FIR registered following hoax bomb threat on SpiceJet’s Mumbai-bound flight

Upon landing at Mumbai airport, the aircraft was directed to the isolated bay E-9 for safety protocols.

October 17, 2024 13:04 IST

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HCC shares surge 6%; bags 2 contracts worth Rs 2,565 crore from Patna Metro Rail Corp

Business20 min ago

HCC secures contracts worth over Rs 2,500 crore from PMRCL for construction of underground tunnels and metro stations in Patna. The contracts also include architectural finishing and utility works. HCC is currently working on various metro projects in different cities and has played a major role in India’s metro expansion. The company’s share price rose by 6% after the announcement of the order.

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